Hong Kong Posts 3.1% Growth, Warns Of Trade War ‘Risk’

Hong Kong Posts 3.1% Growth, Warns Of Trade War ‘Risk’

Hong Kong’s economy grew by 3.1 percent in the first quarter of the year, the city’s government said Friday, though it warned US tariffs had heightened “downside risks” in the global economy. US President Donald Trump’s stinging tariffs of 145 percent on many Chinese products came into force last month. Beijing has responded with fresh … Read more

General Motors Posts Strong Results But Warns Of Tariff Impacts

General Motors Posts Strong Results But Warns Of Tariff Impacts

Detroit automaker General Motors (GM) has reported strong first-quarter financial results but warned of significant future impacts from automotive tariffs. The company has announced earnings per share of $2.78 U.S., which beat the $2.74 U.S. that was expected on Wall Street. Revenue in the quarter totaled $44.02 billion U.S., which came out ahead … Read more

AT&T Posts Mixed First-Quarter Financial Results

AT&T Posts Mixed First-Quarter Financial Results

Telecommunications giant AT&T (T) has reported mixed financial results for this year’s first quarter. The Dallas, Texas-based company announced Q1 earnings per share of $0.51 U.S., which matched the consensus forecast on Wall Street. Revenue in the January through March quarter totaled $30.6 billion U.S., which narrowly beat expectations that called … Read more

American Express Posts Strong Results As Cardmembers Keep Spending

American Express Posts Strong Results As Cardmembers Keep Spending

Credit card giant American Express (AXP) has reported strong financial results for this year’s first quarter as its largely affluent cardholders continue spending at a brisk pace. The New York City-based company reported earnings per share (EPS) of $3.64 U.S., which was ahead of the $3.47 U.S. expected on Wall Street. Profit was … Read more

United Airlines Posts Mixed Results And Suspends Some Domestic Flights

United Airlines Posts Mixed Results And Suspends Some Domestic Flights

United Airlines (UAL) has reported mixed financial results for this year’s first quarter and is suspending some domestic flights as the U.S. economy and travel demand slow. The Chicago-based carrier reported Q1 earnings per share (EPS) of $0.91 U.S., which was ahead of Wall Street forecasts that called for $0.76 U.S. Revenue in … Read more

Instagram tests lockable posts feature with secret code unlocks

Instagram tests lockable posts feature with secret code unlocks

Instagram’s experimenting with something new: lockable posts. These are posts you can hide behind a secret code, and followers will need to crack that code to view the content. It’s not officially live yet, but the company previewed the feature on its Design account. The teaser showed a reel locked behind a code. Based on … Read more

Tilray Brands Posts Underwhelming Q3 Numbers but Says Tariffs Shouldn’t Impact Its Top Line

Tilray Brands Posts Underwhelming Q3 Numbers but Says Tariffs Shouldn’t Impact Its Top Line

Cannabis company Tilray Brands (NASDAQ:TLRY) reported its third-quarter earnings last week. The Canadian-based company, which has also been expanding heavily into alcohol, reported net revenue totaling $186 million for the period ending Feb. 28, which was down around 1% from the $188 million it posted in the prior-year period. Its adjusted EBITDA also … Read more